Personal Tax Planning

COVID-19 Tax Implications in the United States

The turn of a new year means that tax season is not far away. In the United States, the tax filing deadline is not until April 15, 2021. But with COVID-19 having been a part of our lives through much of 2020, there have been significant considerations introduced to taxes this year. In this week’s blog, we want to share some of these new developments in US tax well ahead of when taxes are actually… Read More

Sports & Entertainment

Canadian Film and Television Industry Pushes Ahead

Way back in April, we blogged about how the Canadian entertainment industry had re-started itself in the wake of COVID-19 shutdowns. Since then, restrictions to the ability of professional athletes to travel has led to Toronto’s Blue Jays and Raptors to play their seasons in Florida. So far, the Canadian entertainment industry has been able to keep moving forward, and we wanted to take this opportunity to share how it’s been going. Canada’s film… Read More

Cross-Border Tax Issues

How Will The Biden Presidency Impact The Wallets Of Canadians?

The word was watching this week as Joe Biden became the 46th President of the United States. While this is undoubtedly huge news for Americans, the implications of a new president will be felt around the world, and certainly in Canada. In this week’s blog, we want to look at how the Biden presidency could impact Canada and its economy. Biden reverses decision to allow Keystone XL pipeline One of the first announcements to emerge… Read More

Sports & Entertainment

NHL Makes Its Return To Play During COVID-19

Throughout COVID-19 we have been keeping track of how professional and college sports have planned their return to play. With Major League Baseball’s season behind us, the NFL in the playoffs, and the NBA underway, the NHL was the last of the major pro sports to begin a new season. We’d like to take a moment this week to discuss how the NHL has planned their return to play and what lessons may be… Read More

Personal Tax Planning

Husband’s Reassessed Income Results In Loss Of Benefits For Wife

While tax obligations and benefits financial benefits collected from the government might seem like distinct responsibilities and benefits, it can be the case that a taxpayer’s situation might impact their own or their family’s available benefits. A recent decision from the Tax Court of Canada shows how this can be the case. In the decision, a taxpayer appeals a decision to claw back Canada Child Tax Benefits that were paid to… Read More